Recommended: Economics Without Illusions: Debunking the Myths of Modern Capitalism

Joseph Heath, author of Economics Without Illusions, is not an economist, as he readily admits. He is a philosophy professor at the University of Toronto. He approaches economics from the point of view of understanding whether the common arguments made by economists and those who supposedly interpret economists (like politicians and journalists) are logically valid or sustainable. Heath is an equal-opportunity critic. The book is divided into two parts of about equal length: the fallacies of the right and the fallacies of the left. And there are a lot of each. This is an important book to read, because a lot of these fallacies are driving the agendas of the conservatives and liberals today, to the great detriment of the nation.